On May 29, the reception agency said that the gross margin of the company's lithium manganate business had been corrected in the first quarter of this year. As lithium carbonate prices stabilized, the profitability of the lithium manganate business also rebounded steadily. Currently, the company's lithium manganate products are mainly used in 3C digital, electric two-wheelers, electric tools and other fields. The company is making technological breakthroughs and joint development with downstream and industry-related enterprises to further open up lithium manganate application scenarios. In terms of solid-state batteries, the company has connected with excellent manufacturers in the solid-state battery industry and is undergoing joint research and development, and has not yet generated sales revenue.